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For an example that's closer to parallel, consider Netflix(NFLX). It took Reed Hastings a long time to attempt original programming. Granted, it wasn't a wholly strategic decision -- flaws in Netflix's initial streaming strategy triggered the move -- but Netflix did not jump into original content over the course of a few months. It took years.

Mayer notes Y! wants some original, curated, and some content from partners. Spend will be in line with prior yrs Chris Ciaccia (@Chris_Ciaccia)
April 15, 2014

The line I can't stop reeling as of late obsessively focuses (I'm not ashamed to admit it) on Yahoo! becoming the leader in live concert streaming. It's just too massive of an opportunity to pass up. Plus, Mayer has flashed signs she's into it. Yahoo! purchased a small startup in the space, Evntlive, and partners with Clear Channel'siHeart Radio to do what amount to one-off shows.

There's more on the horizon. Timestamp that.

If you're going to steal thunder from YouTube, you're not going to do it by poaching popular YouTubers. You're going to do it by taking over an area Google hasn't seized and maximized. You can find context to support that statement in the above-linked article.

But even if Mayer doesn't go as far as she should and I want her to go with the live music experience, it's clear she's serious about building something sustainable and long-term. She's building Yahoo! around a combination of personalities, daily habits and appointment viewing.

If you think about all of the Internet television/online video strategies out there, very few, if any, have taken this approach. You have to give Mayer credit for staking out the territory. While it might not generate immediate, world-beating results (though, in its infancy, what we have seen hasn't been bad), it treats Yahoo! like the long-term project it should be after years of short-sighted mismanagement that, at times, bordered on neglect.

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